Last week’s 2023 Innovation PNG conference showcased some of Papua New Guinea’s best and brightest. It also featured the announcement of some significant new initiatives to stimulate the digitisation of the country’s economy.
Awards shine a light on Papua New Guinea’s innovators
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13 Nov 2023 by Leave a Comment
A food delivery service, a banking service for remote users and a new government portal for MSMEs were the big winners at the 2023 Innovation PNG Awards, announced last week.
Review: Hilton Hotel and Residences, Port Moresby
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7 Nov 2023 by 1 Comment
PNG’s capital is well equipped for business travellers. The Hilton, close to Parliament Haus and with its new, fully-equipped residences, hotel rooms and on-site convention centre, is an ideal work base.
Innovation PNG: Four questions for Martha Nion-Tefuarani – Head of Kinatech Strategy & Business Engagement at Kina Bank
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6 Nov 2023 by Leave a Comment
How does Kina Bank, one of Papua New Guinea’s major banks, approach innovation and change? We caught up with Martha Martha Nion-Tefuarani, Head of Kinatech Strategy & Business Engagement.
Decarbonisation: what’s the business opportunity and how does PNG get involved?
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25 Oct 2023 by Leave a Comment
The decarbonisation of the global economy is going to create the greatest investment opportunity of our lifetime, according to KPMG’s Global Oil and Gas Lead, Jonathan Parker. But how do companies prepare, and what role does government have in making it happen?
Newmont to list in Papua New Guinea as Newcrest acquisition is finalised
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25 Oct 2023 by 1 Comment
Newmont Corporation’s acquisition of Newcrest Mining, which owns the Lihir gold mine in Papua New Guinea, and is one of the partners in the Wafi-Golpu copper-gold joint venture, is set to be completed in coming days. Business Advantage PNG considers what will happen next.
Innovation PNG: Four questions for Ted Garner, Chief Strategy Officer, Konica Minolta Australia
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23 Oct 2023 by Leave a Comment
Global copier giant Konica Minolta is also at the forefront of innovation in the digital workplace, robotics and 3D printing. We caught up with the Chief Strategy Officer of its Australian operation, Ted Garner, who will visit Papua New Guinea soon for the Innovation PNG 2023 conference.
Innovation PNG: Four questions for Craig Kirkland, Mastercard Pacific Islands
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11 Oct 2023 by 1 Comment
Craig Kirkland is Director, Pacific Islands for global payments giant, Mastercard. We caught with him as he prepares to visit Papua New Guinea this coming November to address the Innovation PNG 2023 conference in Port Moresby.
Better times ahead on foreign exchange, says Bank of Papua New Guinea Acting Governor
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11 Oct 2023 by 2 Comments
September was another tough month for availability of foreign exchange in Papua New Guinea, but central bank Acting Governor Elizabeth Genia has moved to reassure business that the bank is committed to supporting the kina as it adjusts to a lower level against the US dollar. She’s also flagging better times ahead on forex.
Private sector investment targeted to redevelop Papua New Guinea state assets
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13 Sep 2023 by 4 Comments
Some key Papua New Guinea state assets, including the site of Port Moresby’s old port, are being readied for redevelopment, with private sector investment being sought. The move is being guided by a new investment strategy from state holding company, Kumul Consolidated Holdings.
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